TAMAN SRI PANDAN III in Kemaman, Terengganu recorded 2 subsale transactions in 2022, with a median price of RM 170K and a median price per square foot (PSF) of RM 206.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 170K, with most transactions falling within a stable range of RM 160K to RM 180K, and a typical market range of RM 163K to RM 178K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 206, with core pricing between RM 174 and RM 238. Market pricing typically extends from RM 172.38 to RM 238.63, reflecting moderate variation in unit pricing. The spread of RM 66.25 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.